Core Points - Valvoline Inc. announced the winners of its 31st annual Oilympics competition, showcasing the fastest teams in providing a perfect service experience [1][2] - The competition included 40 regional teams from the U.S. and Canada, representing the top 1% of Valvoline service center technicians [2][3] - The tradition of Oilympics began in 1994 and has expanded to include over 2,000 Valvoline service centers across North America [3][4] Company Overview - Valvoline Inc. operates more than 2,000 franchised and company-operated service centers in the U.S. and Canada, completing over 28 million services annually [4] - Services range from 15-minute oil changes to various manufacturer-recommended maintenance services [4] - The company employs approximately 11,000 team members focused on business growth, retail network expansion, and future vehicle planning [4]

StandardAero (SARO) 2025 Conference May 14, 2025 02:55 PM ET Speaker0 Wow. Speaker1 You're in great shape. Speaker2 But we Speaker3 do in sets. I mean, it's like a swim with a bunch of little guys, and it's like a master's team. Like, we're like little kids except we're old. Yeah. It's kinda Speaker0 That's awesome. Speaker3 How we do Speaker0 it. Alright. Good afternoon, everybody. Thanks for joining. My name is Russell Ford. I'm the chairman and CEO of Standard Aero. Standard Aero is the world's largest i ...

Financial Data and Key Metrics Changes - Revenue for Q1 2025 was $1.4 billion, a 16% increase from $1.2 billion in Q1 2024, with 14.4% being organic growth [19] - Adjusted EBITDA rose to $198 million, up 20% from $166 million in the prior year [19] - Adjusted EBITDA margin improved to 13.8%, a 40 basis point increase compared to Q1 2024 [20] Business Line Data and Key Metrics Changes - Engine Services revenue increased by $171 million to $1.3 billion, representing 16% growth, driven by strong demand in the commercial aftermarket [21] - Component Repair Services revenue grew by 21% to $167 million, supported by the ATI acquisition, contributing $22 million [22] - Adjusted EBITDA for Component Repair Services grew 32%, with a margin expansion of 240 basis points to 28% [22] Market Data and Key Metrics Changes - Commercial aerospace grew 18% year over year, driven by strong demand across major platforms [9] - Business Aviation Group increased 13% compared to Q1 last year [10] - Military business grew 10%, aided by the AeroTurbine acquisition and growth in the J85 program [10] Company Strategy and Development Direction - The company is focused on ramping up the LEAP program and has secured additional regulatory approvals to support a broader set of airlines globally [14] - Continued investment in CFN56 and CF34 platforms, with a record quarter on the CF34 platform [15] - The company is actively pursuing M&A opportunities, with a growing pipeline of targets [17] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about the strong demand in the engine aftermarket and is increasing revenue and adjusted EBITDA guidance for 2025 [18] - The estimated net impact of tariffs for 2025 is projected to be around $15 million, which has been incorporated into the updated guidance [13] - The company is well-positioned to navigate macroeconomic uncertainties and trade environment challenges [12] Other Important Information - Free cash flow was a use of $64 million in Q1, which was expected due to working capital seasonality [23] - The company’s leverage improved to 3.09 times, down from 5.7 times at the end of Q1 2024 [24] - The company exited a non-core hydraulics business to focus on higher-margin product lines [71][72] Q&A Session Summary Question: Confidence in CF34 platform growth despite U.S. Airlines' slower capacity - Management noted that maintenance activity has not seen a pullback, as engine MRO is typically the last area airlines cut back on during weak demand [33] Question: M&A environment and opportunities - Management expressed confidence in pursuing M&A opportunities, stating that the environment has become more robust with attractive targets available [36] Question: Growth drivers in Engine Services - Management highlighted military and CF34 as key drivers, with expectations for LEAP and CFM56 to contribute significantly in the future [39] Question: Margin headwinds from LEAP and CFM56 - Management confirmed that while there are margin headwinds due to initial lower margins on LEAP and CFM56, both programs are expected to be accretive long-term [48] Question: Update on ATI acquisition - The integration of ATI is progressing well, with strong revenue and margins, and it is enhancing the existing J85 program work [75][76] Question: Supply chain for LEAP parts - Management reported no significant supply chain issues for LEAP parts, as they are still in the early stages of industrialization [81] Question: Revenue seasonality - Management indicated a typical trend of revenue building from Q1 to Q2 and further into the second half of the year, supported by a diverse platform portfolio [100] Question: Repair capabilities and market potential - Management emphasized the ongoing development of repair capabilities in close coordination with OEMs, indicating a strong runway for growth in the component repair business [88]

Financial Data and Key Metrics Changes - Revenue for Q1 2025 was $1.4 billion, a 16% increase from $1.2 billion in Q1 2024, with 14.4% being organic growth [18] - Adjusted EBITDA rose to $198 million, up 20% from $166 million in the prior year [18] - Adjusted EBITDA margin improved to 13.8%, a 40 basis point increase year-over-year [19] - Net income surged to $63 million compared to $3 million in the prior period, driven by increased earnings and reduced interest expenses [19] - Free cash flow was a use of $64 million, reflecting typical seasonality and investments, but improved by $38 million year-over-year [22] Business Line Data and Key Metrics Changes - Engine Services revenue increased by $171 million to $1.3 billion, representing 16% growth, driven by strong demand in the commercial aftermarket [20] - Component Repair Services revenue grew 21% to $167 million, supported by the ATI acquisition, contributing $22 million [21] - Engine Services adjusted EBITDA grew 16%, while Component Repair Services adjusted EBITDA increased by 32%, with margins expanding to 28% [21] Market Data and Key Metrics Changes - Commercial aerospace grew 18% year-over-year, with strong demand across major platforms [7] - Business Aviation Group increased 13% year-over-year, driven by demand for midsize and large cabin business aircraft [9] - Military business grew 10%, aided by the AeroTurbine acquisition and growth in the J85 program [9] Company Strategy and Development Direction - The company is focused on ramping up the LEAP program, having secured additional regulatory approvals and completed its first LEAP shop visit [13][14] - Continued investment in CFN56 and CF34 platforms, with record performance noted in the CF34 platform [14] - Expansion of engine component repair capabilities is a priority, with significant progress made in developing new LEAP repairs [15] - The company is actively pursuing M&A opportunities, with a growing pipeline of targets and a disciplined approach to capital allocation [16] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about the commercial aftermarket, citing strong long-term demand visibility despite short-term volatility in passenger traffic [7][12] - The company raised its sales and earnings guidance for 2025, now expecting revenue between $5.825 billion and $5.975 billion and adjusted EBITDA between $775 million and $795 million [25] - Management acknowledges geopolitical and macroeconomic uncertainties but emphasizes a solid foundation for growth [26] Other Important Information - The estimated net impact of tariffs for 2025 is projected to be around $15 million, which has been incorporated into the updated guidance [12][25] - The company is managing tariff impacts through various mitigation actions, including contractual mechanisms and pricing opportunities [11] Q&A Session Summary Question: Confidence in CF34 platform growth amidst U.S. airlines' slower capacity - Management expressed confidence in maintenance activity remaining stable despite airlines' comments on passenger traffic volatility, as engine MRO is typically nondiscretionary [31] Question: M&A environment and opportunities - Management indicated that they remain active in pursuing M&A opportunities, with a robust environment and attractive targets available [34] Question: Growth drivers in Engine Services - Management highlighted military and CF34 as key growth drivers, with expectations for LEAP and CFM56 to contribute significantly in the future [36][60] Question: Margin expectations for the remainder of the year - Management noted that margin headwinds are primarily from LEAP and CFM56 growth, but they expect both programs to be accretive long-term [43] Question: Update on ATI acquisition - The integration of ATI is progressing well, with strong revenue contributions and operational synergies being realized [68] Question: Supply chain for LEAP parts - Management reported no significant supply chain issues for LEAP parts, as they are in the final industrialization phase [74] Question: Repair capabilities and market opportunities - Management emphasized a methodical approach to developing repair capabilities in close coordination with OEMs, with ongoing opportunities for expansion [80][83]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Core Viewpoint - Limbach (LMB) has experienced significant stock price appreciation, with a 54.5% increase over the past month and a 40.2% gain year-to-date, outperforming both the Zacks Business Services sector and the Zacks Building Products - Maintenance Service industry [1] Financial Performance - Limbach has consistently exceeded earnings expectations, reporting an EPS of $1.12 against a consensus estimate of $0.3 in its last earnings report [2] - For the current fiscal year, Limbach is projected to achieve earnings of $4.15 per share on revenues of $610.4 million, reflecting a 15.28% increase in EPS and a 17.66% increase in revenues [3] - The next fiscal year forecasts earnings of $4.54 per share on revenues of $637.29 million, indicating year-over-year changes of 9.4% and 4.41%, respectively [3] Valuation Metrics - Limbach's current valuation metrics show a Price-to-Earnings (P/E) ratio of 28.9X for the current fiscal year, below the peer industry average of 40.3X [7] - The stock trades at a trailing cash flow basis of 24.5X, matching its peer group's average [7] - Limbach has a PEG ratio of 2.41, which does not position it among the top value stocks [7] Zacks Rank and Style Scores - Limbach holds a Zacks Rank of 1 (Strong Buy), supported by favorable earnings estimate revisions from analysts [8] - The stock has a Value Score of D, while its Growth and Momentum Scores are both A, resulting in a combined VGM Score of B [6][9] - The alignment of a Zacks Rank of 1 or 2 with Style Scores of A or B suggests potential for Limbach shares in the near future [9]

Clarus Corporation (CLAR) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of $0.01. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -300%. A quarter ago, it was expected that this company would post earnings of $0.07 per share when it actually produced a loss of $0.08, delivering a surprise of -214.29%.Over the last four quarters, the company has not be ...

Q1 2025 Earnings Presentation Icahn Enterprises L.P. May 7, 2025 1 Safe Harbor Statement Forward-Looking Statements and Non-GAAP Financial Measures The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements we make in this presentation, including statements regarding our future performance and plans for our businesses and potential acquisitions. Forward-looking statements may be identified by words such as "believes," "expects," "potential," "continues," "ma ...

Core Viewpoint - Limbach (LMB) reported quarterly earnings of $1.12 per share, significantly exceeding the Zacks Consensus Estimate of $0.30 per share, marking an earnings surprise of 273.33% [1][2] Financial Performance - The company achieved revenues of $133.11 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 10.45% and showing an increase from $118.98 million year-over-year [2] - Over the last four quarters, Limbach has consistently surpassed consensus EPS estimates, achieving this four times [2] Stock Performance - Limbach shares have increased approximately 20.7% since the beginning of the year, contrasting with the S&P 500's decline of -3.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.75, with projected revenues of $144.46 million, and for the current fiscal year, the estimate is $3.45 on revenues of $609.16 million [7] Industry Outlook - The Building Products - Maintenance Service industry, to which Limbach belongs, is currently ranked in the top 2% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Limbach's stock performance [5][6]

NYSE: GWW Q1 2025 Earnings Call May 1, 2025 © 2025 W.W. Grainger, Inc. Safe Harbor Statement and Non-GAAP Financial Measures All statements in this communication, other than those relating to historical facts, are "forward-looking statements." Forward-looking statements can generally be identified by their use of terms such as "anticipate," "estimate," "believe," "expect," "could," "forecast," "may," "intend," "plan," "predict," "project," "will," or "would," and similar terms and phrases, including referen ...